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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Iraq's foreign debt has decreased by 25% during the current year.. Iraq has paid about 11.5 billion

rocky
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Iraq's foreign debt has decreased by 25% during the current year.. Iraq has paid about 11.5 billion  Empty Iraq's foreign debt has decreased by 25% during the current year.. Iraq has paid about 11.5 billion

Post by rocky Mon 27 Sep 2021, 7:23 am


[size=30]Iraq's foreign debt has decreased by 25% during the current year.. Iraq has paid about 11.5 billion dollars, and next year will pay only 5 billion dollars


2021-09-27
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Yes Iraq: Baghdad

An American magazine revealed a decrease in Iraq's foreign debt during 2021, compared to 2020, which indicates that Iraq paid about 11.5 billion of its debts.
 
And the American magazine Global Finance said in its schedule for the year 2021 that “Iraq’s foreign debt during 2021 amounted to 69.684 billion dollars, down from” in 2020, which amounted to 81.153 billion dollars in 2020, indicating that “Iraq’s indebtedness for 2019 amounted to 47.705 billion dollars and in In 2018, it amounted to $50.018 billion.”
On this basis, Iraq's debts during the current year decreased by 25% from last year, due to Iraq's payment of more than 11.4 billion dollars of its debts.
 
Earlier, Adviser to the Prime Minister, Mazhar Muhammad Salih, indicated that 9 trillion dinars were allocated in the next year’s 2022 budget to pay off installments and interest on debts, which represents more than $5 billion only, which is a small payment compared to what was paid in the current year.
 
The magazine added that “the most indebted Arab countries during 2021 were for Sudan, with a foreign debt of 211.656 billion dollars, preceded by Eritrea with a debt of 175.575 billion dollars, followed by Bahrain with a foreign debt of 129.417 billion dollars, preceded by Egypt with a debt of 92.858 billion dollars, and from Then Jordan preceded it with a debt of $91.172 billion, while no debt was recorded in Lebanon for the year 2021, due to the lack of statistics during this year, after its external debt for the year 2020 amounted to $154.364 billion.
 
Globally, Japan was the most indebted country in the world during 2021, with a value of 256.494 billion dollars, followed by Sudan with 211.656 billion dollars, followed by Greece with 210.093 billion dollars.
 
The magazine noted that sometimes tax revenue is less than expected, and by borrowing the government can cover temporary deficits without cutting spending, sometimes, the shortfall is not temporary and the government is running a structural deficit.
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